Thomas Cook Mulls India Stake Sale

LONDON—Thomas Cook Group PLC said Wednesday it will consider selling its Indian foreign exchange and travel business as the U.K. tour operator reported a first-quarter loss.

The company reported a pretax loss of £151.7 million ($241.2 million) in the three months to Dec. 31 compared with a loss of £99.3 million a year earlier. This came despite a 3% rise in revenue to £1.86 billion, as operating expenses climbed 10% to £482.1...